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An approach to the economic analysis of water supply projects

Author

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  • Lovei, Laszlo

Abstract

Development economists are increasingly concerned about the correct approach to economic analysis of projects. By looking for a compromise between theory (which identifies ideals) and practice (which deals within the bounds of time and resource constraints), Lovei focuses on potential guidelines for economic appraisals of water supply projects. He summarizes theory and the current World Bank guidelines on the economic analysis of water supply projects; reviews the method of economic analysis applied in 21 recently approved Bank projects; and describes a simplified method that was tested in practice and found to improve substantially the quality of economic analysis in the sector. This new method relies on standardized and rigorous use of information that is routinely available during the preparation of water supply projects.

Suggested Citation

  • Lovei, Laszlo, 1992. "An approach to the economic analysis of water supply projects," Policy Research Working Paper Series 1005, The World Bank.
  • Handle: RePEc:wbk:wbrwps:1005
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    Cited by:

    1. Wang Xiao-jun & Zhang Jian-yun & Shahid Shamsuddin & He Rui-min & Xia Xing-hui & Mou Xin-li, 2015. "Potential impact of climate change on future water demand in Yulin city, Northwest China," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(1), pages 1-19, January.

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